Wind Power Projects - Activity Flow Chart

Project proposal and request for

LOI by private investor
No

Approval of
Review of proposal by AEDB proposal by
AEDB

Submission of Bank Guarantee

and Project Facilitation Fee by Yes
investor

Issuance of LOI by AEDB

Agreement to Lease of project

site under master lease granted Acquisition of land by IPP
by Government of Sindh to with prior approval of AEDB
AEDB

Feasibility Study
Cancellation of LOI,
completion within
Encashment of BG &
18 months of LOI issuance or 12 months No termination of
of land
Agreement to Lease
allocation / acquisition

Yes

Approval of Feasibility Study by

AEDB *

NEPRA approvals;
Generation License and Tariff
Determination

1) Payment of Legal Fee to AEDB

2) Project Documents review and
negotiations
Submission of Performance Guarantee
(PG) to AEDB by IPP

Issuance of Letter of Support (LOS)

to IPP by AEDB

Signing of Project Documents

LOS and Sub-Lease to be

Financial Close No terminated & PG to be enchased

Yes
Project Documents are;
1. Energy Purchase Agreement
Issuance of Letter of Credit to Power 2. Implementation Agreement
Purchaser and release of PG by AEDB 3. Site Sub-lease (incase land allocated by AEDB)
4. Certified Emission Reduction Agreement (CERA)

Commercial
Operation * Verification of production estimates by international
consultant of AEDB and approval of Grid
Interconnection Studies by NTDC is a pre-requisite.

000-01-01-001-001 Issue 4